IMF Working Papers

The Impact of Economic Securityon Bank Deposits and Investment

By Michael Fabricius

July 1, 1998

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Michael Fabricius. The Impact of Economic Securityon Bank Deposits and Investment, (USA: International Monetary Fund, 1998) accessed November 21, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper highlights the importance of institutions in explaining the variation of investment rates and of two measures of bank deposits across countries. A general index of economic security is created for 130 countries. Its explanatory power is compared with measures of specific institutional arrangements. For investment as well as for bank deposits, specific institutional factors are shown to be highly significant and outperform the general index.

Subject: Bank deposits, Financial institutions, Financial services, Institutional arrangements for revenue administration, Monetary base, Money, National accounts, Private investment, Revenue administration, Securities

Keywords: Bank Deposits, Caribbean, Country, Deposit, Eastern Europe, Economic Security, Gastil index, Government interference, Ind. country, Index hinge, Institutional arrangements for revenue administration, Institutions, Investment, Investment rate, Middle East, Middle Eastern country, Monetary base, Nonindustrial country, Political system, Pooling variable, Private investment, Securities, Standard deviation, Variable, Variables researcher, Worse-than-average investment performance, WP

Publication Details

  • Pages:

    32

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 1998/098

  • Stock No:

    WPIEA0981998

  • ISBN:

    9781451852110

  • ISSN:

    1018-5941